Oppenheimer Asks Court To Toss FLSA Claims

Law360, New York (May 24, 2007, 12:00 AM EDT) -- Brokerage Oppenheimer & Co. has asked a district court to dismiss some of the claims in an employment class action suit filed against the firm, saying that the allegations are identical to those made in a similar case currently pending in state court.

Attorneys for the investment firm filed a motion on Thursday asking the U.S. District Court for the Northern District of California to dismiss or stay eight counts in a suit filed by a former Oppenheimer broker.